A Jack in the Box restaurant in Pomona has sold for $3.5 million. The property, at 2098 S. Garey Ave. near the 60 and 71 freeways, was sold by 6814 Lankershim Associates LP in Chatsworth to a private investor whose name was not released, according to a statement. The transaction …
Read More »State home market might be slowing
Pending home sales in California slowed for the second consecutive month in August, a sign that the state’s housing market might be starting to soften. Year-over-year, pending sales last month dropped 3.5 percent, according to a report released Tuesday by the California Association of Realtors. Compared with July, pending sales …
Read More »Number of Inland “underwater” homes drops
The number of Inland Empire homes with negative equity dropped during the second quarter, according to a recent report. An estimated 6.3 percent of all homes with a mortgage in Riverside and San Bernardino counties had negative equity during April, May and June, down from 9.0 percent during the second …
Read More »Home sales stay up
Home sales in Southern California were up in August, according to data released this week. A total of 23,862 new and resold homes changed hands in the six-county market last month, a 3.2 percent increase year-over-year, Irvine-based CoreLogic reported in its monthly analysis of the regional housing market. That was …
Read More »IE leads state in home sales
More houses were sold in the Inland Empire last month than were sold in any other region in the state, according data released Monday. Sales in Riverside and San Bernardino counties rose 8.2 percent year-over-year in August, topping San Francisco by 1.7 percent and Los Angeles by 3.8 percent, the …
Read More »Moreno Valley apartment complex fetches record price
An apartment community in Moreno Valley has sold for $10.7 million, reportedly a record price for an apartment complex in that market. The sale price for Baywood Villas, a 56-unit community at 22945 Bay Avenue, works out to $190,171 per unit or $196 per square foot, according to a statement …
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